News Release

Universal Music Group to Provide Master Ringtones to Verizon Wireless Customers

November 23, 2004

Jeffrey Nelson
Jeffrey.Nelson@VerizonWireless.com
908-306-4824Peter LoFrumento
Universal Music Group
Peter.Lofrumento@umusic.com 
212-331-2585

BEDMINSTER, NJ — Verizon Wireless, the nation's leading wireless service provider, announced today it has entered into an agreement with Universal Music Group, the world's leading music company, to bring music from many of today's chart-topping artists to Verizon Wireless customers. The alliance includes the sale of real-music ringtones from Universal Music Group Artists and opportunities for the two companies to develop joint marketing programs.

"With more and more of our customers personalizing their wireless service with ringtones, it's important for us to offer their favorite songs from the most popular artists," said Paul Palmieri, executive director of business development for Verizon Wireless. "The diversity of Universal Music Group's artists especially in the Pop and Hip-Hop genres — from Ashlee Simpson to Nelly and Ja Rule — allow us to expand on our ringtone line-up with the artists our customers are demanding."

"This agreement creates another opportunity for consumers to enjoy the great music made by our artists," said David Ring, vice president of business development and business affairs for Universal Music Group eLabs. "We're thrilled to partner with Verizon Wireless and give its customers access to the hottest and best-loved music being made today for their ringtones."

Verizon Wireless products and services are available in more than 1,200 Verizon Wireless Communications Stores, at participating Best Buy, Circuit City and RadioShack locations and on the Web at www.verizonwireless.com.  

About Verizon Wireless
Verizon Wireless owns and operates the nation's most reliable wireless network, serving 42.1 million voice and data customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at www.verizonwireless.com. To receive broadcast-quality video footage of Verizon Wireless operations, log onto www.thenewsmarket.com/verizonwireless

About Universal Music Group
Universal Music Group is the world's largest music company with wholly owned record operations or licensees in 71 countries. Its businesses also include Universal Music Publishing Group, one of the industry's largest global music publishing operations.

Universal Music Group consists of record labels Decca Record Company, Deutsche Grammophon, DreamWorks Records, Interscope Geffen A&M Records, Island Def Jam Music Group, Lost Highway Records, MCA Nashville, Mercury Nashville, Mercury Records, Philips, Polydor, Universal Music Latino, Universal Motown Records Group, and Verve Music Group as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalog of music in the industry, which is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). Universal Music Group also includes eLabs, a new media and technologies division.

Universal Music Group is a unit of Vivendi Universal, a global media and communications company.

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